Best Grocery Store Credit Cards: Distinct Rewards and Benefits
Do you know you can get points and rewards from using the best grocery store credit cards? The benefits of using these credit cards are enormous. Following up will tell you all about this credit card.
Shopping for groceries is yet one of the necessities of life; having a good credit card for these purchases is one of the ways of saving money in the most practical sense.
Since there is a diverse number of credit cards in the market available, it is challenging to identify which card will be worthwhile to use while making purchases at the grocery.
Which is why we went through some of the best grocery store credit cards, highlighting their advantages and disadvantages that come with each of those so you could go for your favorite one.
1. Blue Cash Preferred Card by American Express
The Blue Cash Preferred Card of American Express pays for 6% cash back on U.S. supermarkets of the first $6,000 in purchases annually, 6% for select streaming services, and 3% for U.S. gas stations.
Best for families, it also comes with a $95 annual fee (so long the first year), that makes it perhaps the best that can be used to maximize your grocery savings.
The biggest grocery spenders desiring to get the most of their cash back.
Benefits Best Grocery Store Credit Cards
Because groceries cost a lot, the exceptional cashback rate makes for a lot of value for those who expend a lot of money on groceries.
It also contains a welcome bonus that has the potential of greatly increasing your worth in the first few months of being a card holder.
Also included in the list of special benefits are, for instance, purchase protection as well as an option to get an extended warranty.
Cons
This card comes with an annual fee of $95, meaning that it is not suitable for any individual who cannot recoup such fees from expenses.
It is also omitted in the first years of operation of the enterprise.
Groceries are a wonderful category, which yields 6% cash back but only up to the first $6,000 of spending in this particular category per calendar year.
Thus, it is possible that big spenders may reach this cap.
2. Chase Freedom Flex
The Chase Freedom FlexTM also gives 5% cash back at different terminals every quarter for up to $1,500 in combined purchases.
You get this offer on all Chase Freedom FlexTM categories, including grocery stores, plus 5% on travel through Chase Ultimate Rewards, 3% for dining and drugstores, and 1% for all other purchases.
It does not have annual charges, has a good promotional bonus, and allows multiple and flexible earning opportunities.
Pros
In an effort to make the cards cheap to own; cardholders are not charged any annual fees, which is ideal for anyone with limited funds.
Has an initial promotional interest rate of 0% on both purchases made and on transfers for the first 15 months.
This can be very useful, especially when one is in a position to make big purchases or is deep in debt.
Very high bonuses in terms of sign up, with the possibility of the client’s lucky number coming up after the initial spend within the first three months.
Cons
Sections are changing, and often, the grocery store section is not offered for display every quarter.
For instance, you also have to activate them each quarter to ensure that you remain productive.
This could be a pro for some, while for others, say large families, depending on the percentage discount.
The 5% cash back on groceries may not be so attractive since there is a cap of $1,500 on both the total purchases for the quarter in said categories.
Suitable for those consumers who prefer categories that offer rotating rewards or are not bothered by a necessity to activate a bonus each quarter.
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3. Citi Double Cash Card
The Citi Double Cash Card offers 2% cash back on all purchases. It is an interest of 1% on signing up for a purchase and another 1% interest when you are repaying the balance.
Since this card has no annual fee and offers a flat cash-back system without hassle of categories.
It can be a great option for those consumers who seek simplicity in their cashback rewards.
Cons
There is no bonus cash back on groceries; therefore, it is good for everything else, but not for those who really care for bonus grocery rewards.
This is not where it benefits as much in additional perks, for instance, those relating to travel or food.
Those who want a basic no-annual-fee credit card that earns flat-rate rewards for every purchase.
4. Amazon Prime Rewards Visa Signature Card
The Amazon Prime Rewards Visa Signature Card offers 5% cash back at Amazon.com and Whole Foods Market for Prime members, 2% at restaurants, gas stations, and drugstores, and 1% on all other purchases.
With no annual fee (with Prime membership), it’s ideal for frequent Amazon shoppers looking to maximize rewards on everyday purchases.
Pros
There isn’t an annual fee, but you must be an Amazon Prime member to receive the full 5% cash back rate.
Also provides access to purchase protection, extended warranty, and travel accident insurance.
Cons
You have to be a member of Amazon Prime to receive the 5% cashback rate. Membership in Amazon Prime costs $139 a year.
As great as the rewards are, if you do your grocery shopping elsewhere, for Amazon and Whole Foods shoppers, this card is a bit less handy.
Amazon and Whole Foods loyal shoppers who get the most cashback from their purchases in these places.
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5. Capital One SavorOne Cash Rewards Credit Card
The Capital One SavorOne Cash Rewards Credit Card offers 3% cash back on dining, entertainment, popular streaming services, and grocery stores.
It’s excluding superstores like Walmart and Target, plus 1% on all other purchases.
With no annual fee and a focus on food and fun, it’s perfect for those who enjoy dining out and entertainment.
Benefits
There is usually no annual fee on this credit card. There is a welcome offer after meeting the spending requirement within the first three months.
The card has extended warranty protection and travel accident insurance.
Cons
For grocery stores, it does not consider supermarkets. There are no special bonus categories for gas or other common expenses.
Shoppers who want to earn rewards not only on groceries but also on dining and entertainment.
Our Thought
The best grocery store credit card for you would depend on your spending habits and preferences.
For those people that spend a good amount on groceries and want to maximize cash back.
The Blue Cash Preferred Card from American Express is a top choice despite carrying an annual fee.
The Chase Freedom FlexTM is an excellent option for those who adhere to the rule of no annual fee and are okay with category changes.
If you want everything super simple, then the Citi Double Cash Card is the best option to earn a flat reward rate for all categories of purchases, including grocery stores.
At last, the Amazon Prime Rewards Visa Signature Card will be unbeatable regarding its high cash back rate for an Amazon Prime member or a frequent Whole Foods shopper.
Carefully considering your grocery expenditure, and other needs, you can get the most ideal card to make purchases and save money.
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